Zacks Investment Research upgraded Energy Transfer Partners LP (NYSE:ETP) to Hold in a report released today.
- Updated: October 17, 2016
Yesterday Energy Transfer Partners LP (NYSE:ETP) traded 0.34% higher at $35.04. The company’s 50-day moving average is $37.83 and its 200-day moving average is $37.33. The last stock close price is down -5.12% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,402,178 shares of the stock were exchanged, down from an average trading volume of 3,089,580
Zacks Investment Research has upgraded Energy Transfer Partners LP (NYSE:ETP) to Hold in a report released on Monday October 17, 2016.
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Energy Transfer Partners LP has a 52 week low of $18.62 and a 52 week high of $47.53 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 15 firms have reported on the stock. The consensus target price is $39.80 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Energy Transfer Partners LP (NYSE:ETP)
Energy Transfer Partners, L.P. (ETP) is a master limited partnership. The Company is engaged in natural gas operations, including natural gas midstream and intrastate transportation and storage. Its segments include Intrastate Transportation and Storage Segment, which owns and operates approximately 7,500 miles of natural gas transportation pipelines; Interstate Transportation and Storage Segment, which owns and operates approximately 12,300 miles of interstate natural gas pipeline; Midstream Segment, which owns and operates approximately 35,000 miles of in service natural gas; Liquids Transportation and Services Segment, which owns interest in Lone Star NGL LLC (Lone Star), which owns approximately 2,000 miles of natural gas liquids (NGL) pipelines; Investment in Sunoco Logistics segment, which owns and operates a logistics business; Retail Marketing Segment, which is conducted through its subsidiary, Sunoco, Inc., and All Other Segment.
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